Exploring the BNB Smart Chain (BSC): Core Engine of the BNB Ecosystem
The BNB Smart Chain (BSC) is the heart of the BNB Chain network and a key player in the global DeFi movement.
🏗️ How It Works
BSC uses Proof of Staked Authority (PoSA), a hybrid consensus model combining Delegated Proof of Stake and Proof of Authority. This model allows for:
3-second block times
Low fees
High performance without sacrificing decentralization
💡 EVM Compatibility
BSC is fully compatible with Ethereum, meaning developers can deploy dApps and use smart contracts with familiar tools like Remix, Truffle, and MetaMask.
📈 Who’s Building on BSC?
Major DeFi platforms, GameFi projects, and NFT marketplaces have chosen BSC due to its reliability and low operational costs.
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